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Eurusd-3

Falling towards 61.8% Fibonacci support?The price is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance level which is also an overlap resistance. Pivot: 1.1073 1st Support: 1.1019 1st Resistance: 1.1150 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
WEEKLY FOREX FORECAST SEPT 16-20 USD EUR GBP AUD NZD CAD CHF JPYThis is Part 2 of the Weekly Forex Forecast for SEPT 16-20th. In this video, we will cover: USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6J1!
by RT_Money
4
Sell EURUSD Channel Breakout (FOMC) The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.1117, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.1076 2nd Support – 1.1051 Stop-Loss: To manage risk, place a stop-loss order above 1.1152. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
2
EURUSD Technical Analysis! SELL! My dear followers, I analysed this chart on EURUSD and concluded the following: The market is trading on 1.1114 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.1076 Safe Stop Loss - 1.1139 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
XAU/USD : Will Gold Fall More ? (READ THE CAPTION)As observed, gold fluctuated within the supply zone of $2579 to $2589 yesterday and finally managed to close and stabilize below $2579. Afterward, gold experienced an 80-pip decline, correcting down to $2572, and is currently trading around $2574. If the price stabilizes below $2577, we can expect further declines in gold, with potential targets at $2571, $2565, and $2555, respectively. (This analysis will be updated) Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDShort
by ArmanShabanTrading
12
EURO - Price can bounce up from wedge, exiting from itHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it at once made a correction to support line and then continued to grow. In a short time, price rose to resistance line of channel, but at once bounced down, making a fake breakout of $1.1120 level. EUR exited from channel and started to trades inside wedge, where it broke $1.1050 level and fell to support line. Next, price made upward impulse, thereby breaking this level again and later EUR broke $1.1120 level too. Now, price trades near support area, and in my mind, it can fall to this area and then bounce up. After this, price will exit from wedge and continue to move up to $1.1180 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
Euro can reach resistance level and then rebound down to 1.1080Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price entered to downward wedge, where it at once rebounded from the resistance line, which is located in the seller zone, and started to decline. In a short time price fell to the support line of the wedge, and then tried to grow, but failed and continued to decline to the buyer zone. In the buyer zone, EUR reached the support line of the wedge and at once rebounded up, thereby exiting from the wedge and breaking also 1.1035 level. Then price continued to grow until it reached the 1.1135 resistance level, which it even tried to break but failed and made correction to the support level, and even lower. Later EUR entered to another wedge, where it fell firstly to the support line and then started to grow. In an upward wedge, the Euro rose almost to a resistance level, thereby breaking the 1.1035 level. At the moment, I think that the price reach a resistance level and then rebound down, thereby exiting from the wedge. Also then, the Euro will continue to decline, therefore I set my TP at 1.1080 points. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
11
Market Analysis: EUR/USD StrengthensMarket Analysis: EUR/USD Strengthens EUR/USD started a fresh increase above the 1.1050 resistance. Important Takeaways for EUR/USD Analysis Today - The Euro surged after it broke the 1.1050 resistance against the US Dollar. - There is a connecting bullish trend line forming with support near 1.1125 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis On the hourly chart of EUR/USD at FXOpen, the pair started a fresh increase from the 1.1000 zone. The Euro cleared the 1.1050 resistance to move into a bullish zone against the US Dollar, as mentioned in the last analysis. The bulls pushed the pair above the 50-hour simple moving average and 1.1100. Finally, the pair tested the 1.1145 resistance. A high was formed near 1.1146 and the pair is now consolidating gains above the 23.6% Fib retracement level of the upward wave from the 1.1001 swing low to the 1.1146 high. Immediate support on the downside is near a connecting bullish trend line at 1.1125. The next major support is the 1.1110 level. A downside break below the 1.1110 support could send the pair toward the 1.1075 level. The 50% Fib retracement level of the upward wave from the 1.1001 swing low to the 1.1146 high is also at 1.1075. Any more losses might send the pair into a bearish zone toward 1.1050. Immediate resistance on the EUR/USD chart is near the 1.1145 zone. The first major resistance is near the 1.1165 level. An upside break above the 1.1165 level might send the pair toward the 1.1200 resistance. The next major resistance is near the 1.1250 level. Any more gains might open the doors for a move toward the 1.1285 level. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
Still holding EURUSD sells - Who's trusting my analyse ?EURUSD could likely maintain a slightly bearish bias for the week, driven by several key fundamental and market conditions: 1. Diverging Monetary Policies: The European Central Bank (ECB) recently signaled a more cautious tone about future rate hikes, especially after the recent data showed persistent economic weakness in the Eurozone. Meanwhile, the Federal Reserve is expected to maintain a more hawkish stance. Even if the Fed pauses rate hikes, its tight policy stance contrasts with the ECB's relatively dovish tone, favoring the USD. 2. Economic Data Divergence: The Eurozone's economic data continues to show signs of a slowdown, with weak industrial production and lower consumer confidence weighing on the euro. On the other hand, U.S. economic data, particularly strong retail sales and a resilient labor market, continue to support the dollar, increasing the likelihood of USD strength relative to the euro. 3. Inflation Concerns: Inflation in the Eurozone remains sticky but below the ECB’s comfort level, while the U.S. core inflation figures have remained relatively elevated. Persistent inflation in the U.S. adds to the case for a stronger USD as it keeps the Fed in a hawkish posture. 4. Market Sentiment and Risk Aversion: Global economic uncertainties, including concerns over China's economy and geopolitical risks, may increase demand for the safe-haven U.S. dollar, putting pressure on the euro. In conclusion, given the macroeconomic factors and the current positioning of central banks, EURUSD is likely to remain under mild bearish pressure throughout the week unless there is a significant shift in sentiment or unexpected data releases.
Short
by PERFECT_MFG
Pre FOMC Rates Decision Analysis18th September DXY: Consolidate around 100.90, (if 50bps cut) needs to break 100.60 to trade down to 100 round number support. (if 25bps cut) bounce from 100.60 to bearish trendline NZDUSD: Buy 0.6220 SL 25 TP 75 (DXY weakness) AUDUSD: Buy 0.6780 SL 20 TP 70 (DXY weakness) GBPUSD: Look for test and reject of resistance area, Sell 1.32 SL 30 TP 80 (DXY strength) EURUSD: Buy 1.1150 SL 25 TP 50 OR Sell 1.1110 SL 20 TP 50 (Straddle) USDJPY: Buy 142.80 SL 50 TP 150 (DXY strength) USDCHF: Sell 0.8420 SL 30 TP 45 (DXY weakness) USDCAD: Sell 1.3560 SL 30 TP 60 (DXY weakness) Gold: Could range between 2570 and 2590, Looking for a test of 2600 and possible correction lower
TVC:DXY
by JinDao_Tai
Can the Euro Break Free from the 1.1200 Resistance?Hello, my friends! Right now, the EUR/USD pair is trading around 1.1130. The nearest resistance level is at 1.1200. If the price breaks above this level, the next targets could be 1.1265 and 1.1335. On the other hand, if the price falls below 1.1115, it may drop to the key support level at 1.1050. The EMA 34 and 89 is also showing a bullish signal as the moving averages are trending upward. Based on the current factors, like the potential Fed rate cuts and the stability of the Eurozone economy, the EUR/USD pair is likely to continue its upward trend in the short and medium term.
by JustinBlade